Raymond Realty's Maiden South Mumbai Address, Rising in Parel
2, 3 & 4 BHK · Price on Request
Raymond Anchor Parel is Raymond Realty's first residential project in South Mumbai, developed through a joint development agreement on an 11-acre parcel in Parel. It follows the company's established Thane portfolio and represents its largest undertaking outside that home market, carrying an estimated Gross Development Value of around Rs. 8,500 crore.
The address places daily life within reach of Parel's railway station, Lower Parel's office towers and Worli's waterfront, while keeping a resident's radius wide enough to include Bandra Kurla Complex and, via the Atal Setu, the upcoming Navi Mumbai International Airport. Early plans point to 2, 3 and 4 BHK residences conceived around space, natural light and ventilation, set within a development that also carries a clubhouse, landscaped gardens and jogging tracks for everyday use.
Raymond Realty carries the Raymond Group's more than nine-decade manufacturing heritage into its residential projects, applying the same attention to material quality and finish that built the parent brand's name in textiles. The company's flagship Ten X Habitat township in Thane, spread across 14 acres with ten towers, has served as the proving ground for this design language, which now extends into a denser, more urban Parel setting.
Parel's transformation from an industrial mill district into one of Mumbai's more sought-after residential and commercial pockets has accelerated with each passing infrastructure milestone, from the Elphinstone Road redevelopment to the newly commissioned Atal Setu and the Sewri-Worli Elevated Connector due by late 2026. Raymond Realty's entry into this micro-market, its eighth joint development in Mumbai, arrives at a point when the locality's connectivity and social infrastructure are both maturing rapidly.
Raymond Anchor Parel is planned as the next chapter in that story, for those who want a Parel address built by a developer with a long institutional history.
| Configuration | Size | Starting Price |
|---|---|---|
| 2 BHK Planned residence designed for space, natural light and ventilation | On request | |
| 3 BHK Planned residence designed for space, natural light and ventilation | On request | |
| 4 BHK Planned residence designed for space, natural light and ventilation | On request |




Detailed master plan and unit-wise floor plans available on request.
Dr. E Borges Road area, Mumbai 400012 · Mumbai
Parel sits at the geographic centre of Mumbai, a former mill district that has spent the last two decades converting cotton-mill land into corporate towers, hospitals and residential high-rises. It shares its edges with Lower Parel's business district, Dadar's transit hub and Worli's sea-facing skyline, making it one of the few Mumbai addresses within easy reach of South Mumbai, the western suburbs and the eastern waterfront simultaneously. The locality is anchored by institutions of national standing, including King Edward Memorial Hospital and Tata Memorial Hospital, both established in the early twentieth century and still operating from Parel today. This layering of medical, civic and commercial infrastructure over more than a century gives the area a permanence that newer developments elsewhere in the city cannot claim.
For Raymond Anchor Parel, this address places residents roughly half a kilometre from Parel railway station and about three kilometres from the Lower Parel business district, with Bandra Kurla Complex around ten kilometres away and Worli Sea Face about six kilometres out. The upcoming Sewri-Worli Elevated Connector and Metro Line 11, which will run between Bandra and Colaba via Parel, are set to shorten commutes further, while the Atal Setu already provides a direct route toward the Navi Mumbai International Airport. High Street Phoenix, one of the city's established retail and hospitality clusters, lies about four kilometres away, rounding out an address where work, healthcare, transit and leisure sit within a tight radius.
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The newly commissioned sea link gives Parel a direct route toward the Navi Mumbai International Airport, cutting travel time to the eastern waterfront and the new airport corridor.
Scheduled to open by late 2026, this elevated stretch is set to significantly reduce commute times from Parel to Worli, Lower Parel and Bandra Kurla Complex.
The upcoming corridor connecting Bandra to Colaba via Parel will strengthen public transport access to major commercial and lifestyle destinations across Mumbai.
An underground tunnel planned for completion by 2028 is intended to ensure seamless travel from the Parel corridor to Marine Drive and Nariman Point.
With the Atal Setu already operational, the upcoming airport across the harbour extends Parel's connectivity well beyond the island city into the Navi Mumbai growth corridor.
Raymond Anchor Parel marks the developer's first residential project outside its Thane stronghold, backed by a joint development structure and a Rs. 8,500 crore estimated Gross Development Value.
The location sits within a few kilometres of Lower Parel, Dadar and Worli, giving residents access to established commercial, retail and hospitality clusters without leaving the city's core.
Access to the Atal Setu, the upcoming Sewri-Worli Elevated Connector and Metro Line 11 place the address on several of Mumbai's newest infrastructure corridors.
Long-established hospitals including KEM and Tata Memorial sit within the immediate neighbourhood, a rare concentration of medical infrastructure for a residential address.
Raymond Realty draws on the Raymond Group's more than nine decades in manufacturing, carrying that attention to material and finish into its residential developments.
The development is planned with a clubhouse, swimming pool, gymnasium, landscaped gardens, jogging tracks and children's play areas for daily use by residents.
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